AI Is the Apex Technology of the Information Age

AI Is the Apex Technology of the Information Age

Artificial Intelligence (AI) is the apex technology of this information age. It’s development and use cases are rapidly accelerating, leading to an inflection point that will allow for a $15 trillion increase in global GDP by 2030 according to PwC.

In this article we explore the profound impact catalyzed by artificial intelligence and explain why AI is the most important driver of technological innovation and value creation for the foreseeable future.

Read our full article published by Forbes here.

Key Takeaways

  • AI is a field that has been steadily progressing for many years, but only recently has accelerated to the point where it achieved inflection.
  • This is due to improved computing capacity and recent innovations, such as deep learning.
  • AI is a general purpose technology with the potential to permeate across the entire economy, in the same way that fire, electricity and steam engines did.
  • Leading experts see AI’s great potential; it is already being used in diverse fields such as banking, medicine and marketing.
  • According to PwC predictions, AI has the potential to increase global GDP by over $15.7 trillion by 2030.
  • Business leaders must adopt AI or risk being left behind; however they need to take care to understand it first before implementation.

 

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